Suppose that coca-cola is currently paying a dividend of, Macroeconomics

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Suppose that coca-cola is currently paying a dividend of

Question - Suppose that Coca-Cola is currently paying a dividend of $2.74 per share, the dividend is expected to grow at a rate of 4% per year, and the rate of return investors require to buy Coca-Cola's stock is 10%. Calculate the price per share for Coca-Cola's stock.

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Macroeconomics: Suppose that coca-cola is currently paying a dividend of

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